KALY on Watch : News & Acquisition of Wave Marine & Yacht Services,

Friday’s Focus is Kali, Inc (OTCMKTS:KALY)

KALI, Inc - KALY

www.wavemarineservices.com

KALY logo reveal - YouTube

Quote: http://www.otcmarkets.com/stock/KALY/quote

Kali, Inc. is a marketing and development company focused on small to medium sized market cap companies. The company targets service and product companies that provide opportunities in sustainable growth industries.

With the acquisition of Wave Marine & Yacht Services, Kali will focus its efforts on the recreational boating industry that is expected to continue its annual growth and increased profitability.

And when they say growth, they mean it. The US market alone is expected to grow 8% in 2016.

But if you think that’s big, take a look, the numbers get much bigger:

•     US recreational boating product sales are expected to reach 13.1 Billion by 2018
•     This year the industry is expected to reach 10.1 Billion
•     Marine retail sales in 2013 totaled 37 Billion
•     The global boat market is expected to grow to $25.3 billion by 2020. 

Much of the recent growth can be credited to the growing population in the 55-64 age bracket since boat purchases become more likely near the onset of retirement

Overall U.S. consumer confidence has rebounded to levels similar to 2007, just prior to the last recession. Also increasing is adult boating participation, which grew 6 percent annually from 2009 to 2014.

According to the recent news:

“With the acquisition of Wave Marine & Yacht Services, Kali will focus its efforts on the recreational boating industry which is expected to continue its annual growth and increased participation. According to the 2016 ITA Recreational Transportation Top Markets Report, "The U.S. recreational boat industry is the strongest it has been in years.”

See the full news release here:

Kali, Inc. Announces Acquisition of Wave Marine & Yacht Services

The Chart & Conclusion:

KALY is no stranger to Big Moves. Late last year it ran from .18 to 51 (the annual high).

That’s a jump of 183%.

Now consider this, KALY is relatively new with a name change taking place in the second quarter of this year and an acquisition taking place two weeks ago.

For months KALY has gone unnoticed, under the radar. Over that time it’s slipped to single digit levels where it sits today.

This could have opened a door that cannot be ignored.

According to StockTA there seems to be Huge support around its current level and considering the unfathomably oversold RSI there could be a lot of running room to the north!

And as exciting as those two facts are, they are only the beginning.

The short-term Moving Average Convergence Divergence (MACD) Analysis and the short-term Fibonacci Analysis are both “Very Bullish” as we speak, showing that we could be in for some excitement around the corner. 

The long-term analysis is also “Very Bullish”.

KALY is fresh and we’re already seeing major news released over the past couple of weeks… and it’s impressive.

Now we’re looking at a Ground Floor Situation that could be ready to explode!

Make sure you put it on your screen right away.

Currently at just .0837, there could be a very large upside.

FRIDAY- Kali, Inc. (PC) (KALY)

0.084 ▲ 0.0003 (0.36%)

Volume: 12,940 @ 1:25:26 PM ET

THURSDAY-7/21 Kali, Inc. (KALY)

0.0837 ▲ 0.0007 (0.84%)

Volume: 19,484 @ 3:59:35 PM ET

WEDNESDAY -7/20 Kali, Inc. (PC) (KALY)

$ 0.083 ▲ 0.003 (3.75%)

Volume: 124,156